BMO Bank of Montreal Appoints New Senior Vice President for Atlantic Canada

HALIFAX, NOVA SCOTIA--(Marketwire - Oct. 12, 2012) - BMO Bank of Montreal has announced the appointment of Carolyn Booth as its new Senior Vice President, Atlantic Provinces Division. Ms. Booth is returning to Atlantic Canada, where she had served as BMO Vice President for New Brunswick and Prince Edward Island from 2007 to late 2009.

Ms. Booth will lead the bank's Personal and Commercial Business in Atlantic Canada. She will be responsible for the performance of 860 professionals who serve customers throughout BMO's network of 85 branches in Atlantic Canada, including 30 in Nova Scotia.

Ms. Booth holds an MBA in Financial Services from Dalhousie University and has more than twenty years of experience in various leadership roles within BMO Bank of Montreal's Personal and Commercial Banking Group. Her most recent executive position was as District Vice President for Eastern Ontario, based in Ottawa.

"Throughout her career with BMO, Carolyn has led her teams to superior performance and demonstrated unwavering commitment to customer service," said Frank Techar, President and Chief Executive Officer, BMO Bank of Montreal.

"Carolyn's extensive experience and her team's focus on Making Money Make Sense for our customers will help us attract new customers and grow our personal and commercial business in Atlantic Canada," said Mr. Techar.

"My main objective is to focus on ensuring that our customers enjoy a superior banking experience and personalized financial solutions each time they visit the branch or engage in a conversation with us," said Ms. Booth. "This is the key to increasing our personal and commercial share of market. We need our clients' trust and satisfaction in order to achieve success."

BMO Bank of Montreal has been very successful at growing market share in commercial lending in Atlantic Canada over the past decade and is currently the number one small business lender in the region. "My commercial colleagues and I look forward to helping local entrepreneurs achieve their business objectives while contributing to the economic growth of Atlantic Canada," said Ms. Booth, who urged businesses in the region to take advantage of the $10 billion in credit BMO has made available to give them access to the capital they need to grow.

BMO is also focused on providing customers with the products and services they need to help make their finances less complex and help attain their financial goals. "We are committed to 'Making Money Make Sense' for our customers, providing them with meaningful choices as well as relevant advice from financial experts," added Ms. Booth.

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $542 billion as at July 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.